both has more imporant in forex...a new beginner of trading must know the basic need and functions in forex .we should not cosider the one out of two..becaause both rely on other one
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both has more imporant in forex...a new beginner of trading must know the basic need and functions in forex .we should not cosider the one out of two..becaause both rely on other one
jab se main ne trading start ki hai tab se le kar ab tak main technical analysis pe yaqeen rakhta hoon aor isi ko follow kar raha hoon fundamental analysis hoon ya technical analysis hoon ager hum inhain achi trha samjh sakty hian to hum achy trader hian
I agree with the steps that you point out, I am also a beginner, I did study the analysis stage I began studying technical analysis, which I previously used to compare more easily between technical or fundamental, technical turns easier so I had to learn technical and focus on some indicators.
There are three types of analysis in a forex market and those are working like three legged table. By technical analysis a trend is easily caught, fundamental analysis tells whether to news trade or not and the sentimental analysis lets us realize the market condition. For better result all of these should be implemented together so the result comes better.
Technical analysis should be preferred by new traders because 70% of the traders follow this type of analysis and it will be easier to follow the trend. Fundamental analysis is a tough ask if you are new to forex world.
Hi
If you are newbie then you should focus on the chart readings and see the resistance and the support levels and also see how this market
is turning his head and tail and where it should stop the movement.
There are two types of analysis, fundamental analysis through the analysis of indicators and technical analysis, ratios of this analysis to determine the times of entry and exit from the stock or currency